After many years as the compliance officer at a mid sized bank, finally management has included a section for compliance performance in the officers' reviews, including bonuses.
I think that is exemplary and I did mention it to our Audit Committee when I was asked what I would like to see in the future.
Lucky you. I am so sick of repeat technical vios because no one is held accountable! We can train until we are blue in the face, but until it hits their wallets, they just won't get it.
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